WisdomTree, the financial services firm with digital assets and exchange-traded products, is withdrawing from the Ethereum ETF race. The company asks the Securities and Exchange Commission (SEC) the retreat of Form S-1, which requested the listing of an exchange-traded fund (WisdomTree Ethereum Trust) on one of the branches of the Chicago Board Options Exchange: Cboe … Read more
Key facts: The poor performance of the funds has a direct impact on the price of bitcoin. Since launch, BTC ETFs have accumulated inflows of over USD 16 billion. Bitcoin (BTC)-based exchange-traded funds (ETFs) in the United States reported net outflows of more than $167 million last Friday, September 6, surpassing the worst streak since … Read more
Key facts: So far in Q3 2024, BTC is down more than 13% Historically, September tends to be a negative month for the markets. The price of Bitcoin (BTC) has fallen by 13% so far in the third quarter of 2024, its worst performance in the last 5 years between the months of June and … Read more